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Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (CRYPTO: XRP) cryptocurrency to investors. Ripple hasn't been the SEC's only target. In fact, a federal court, responding to a request by Binance and the SEC (led by the Trump-appointed acting chairman), just approved a 60-day pause in the case, and there is speculation Ripple's case could be next.

Trade wars and bond market disruptions loom over an otherwise buoyant stock market. Technical weakness is also a concern, investors told BI.

Yields edged up this week after a hotter-than-expected inflation report. Some traders are now eyeing the 10-year bond hitting 5% in the coming weeks.

Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings. The State of Wisconsin Investment Board disclosed in its quarterly 13-F filings with the Securities and Exchange Commission that its bitcoin ETF holdings more than doubled in the final three months of last year, to 6 million shares of the iShares Bitcoin Trust ETF by December 31. The fund, which was the first fund of its kind to report investing in crypto following the debut of bitcoin ETFs, couldn't immediately be reached for comment.

This week was a choppy one for cryptocurrencies. Both were probably somewhat jealous of Litecoin (CRYPTO: LTC), which rose a juicy 22% higher. The major news item dampening the desire for cryptos at the week's kickoff was regarding inflation.

The video game retailer closed its NFT marketplace and crypto wallet in the last few years, but it is now considering a Bitcoin investment strategy.

(Bloomberg) -- The bond market ended the week with solid gains as a soft reading on retail sales revived bets on Federal Reserve rate cuts.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayA rally in Treasuries pushed the 10-year yield below 4.5%, with the bond notching its fifth straight week

The report comes a week after GameStop CEO Ryan Cohen posted a photo on X of him and the bitcoin evangelist and Strategy chair Michael Saylor.

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The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the first time.